How much competition does a tender for Financial & insurance services in Denmark face?
A median of 3 bids per procedure; 12% of procedures ended with a single bidder (363 awards with a bid count). National average for Denmark across all sectors: 13.2 bids.
Search open tenders in this sector · Country guide Denmark
The market norm in numbers
| Metric | Sector | National average | Sample |
|---|---|---|---|
| Bids per procedure (median) | 3 | 13.2 | 363 |
| Procedures with a single bidder | 12 % | 15 % | 363 |
| Awards to a repeat winner | 30 % | 32 % | 618 |
| Distinct winners | 123 | 6,177 | 662 |
| Awards to companies from abroad | 21 % | 17 % | 662 |
| Award relative to estimate (median) | 97 % | 97 % | 157 |
| Notice to award (median) | – | – | 0 |
| Bids from SMEs | 9 % | 221 % | 249 |
| Bids from abroad | 80 % | 44 % | 249 |
| Weight of price in award criteria (median) | – | – | 0 |
How to read these numbers
Of 24 sectors in Denmark with a bid count, Financial & insurance services ranks 14 for competition. Competition is dense — the calculation decides. 30% of awards went to companies that had already won with the same buyer — buyers switch often here.
Other sectors in the same country
- Medical equipment & pharma4 · 2,126
- Construction work4 · 1,262
- Architecture & engineering5 · 1,193
- Environment & sanitation4 · 1,182
- Transport services4 · 1,036
- IT services3 · 779
- Transport equipment4 · 584
- Software & IT systems99 · 549
- Business services6 · 494
- Repair & maintenance3 · 473
- Laboratory & optical equipment1 · 374
- Health & social work5 · 301
Frequently asked questions
How many bidders does a tender for Financial & insurance services in Denmark get?
A median of 3 bids per procedure, measured on 363 awards with a bid count since 2023. 12% of procedures had a single bidder.
How often does the incumbent win in Denmark?
30% of awards in Financial & insurance services went to a company that had already won with the same buyer.
Do foreign companies stand a chance in Denmark for Financial & insurance services?
21% of awards went to companies based outside Denmark.
What share of the estimate does the winner get in Financial & insurance services?
The award came in at a median 97% of the estimated value.
How much does price count for Financial & insurance services in Denmark?
Not enough weighted notices for this sector yet.
Where the numbers come from
From the documented awards of every portal we read (TED and the national portals), aggregated every night. Bid counts come from the award notices themselves (TED BT-759, PLACSP, OCDS, Hilma, ANAC); incumbency counts whether the winner had won with the same buyer before; abroad means the winner's country differs from the buyer's. Metrics below the minimum sample are not shown.
As of 08/09/2026 · n = 662